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Problem 4-3 Calculating EFN (LO2) The most recent financial statements for Marpole Inc., are shown here (assuming no income taxes): Assets and costs are proportional
Problem 4-3 Calculating EFN (LO2) The most recent financial statements for Marpole Inc., are shown here (assuming no income taxes): Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $9,996. What is the external financing needed? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit \$ sign in your response.)
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